Summary - 56 - 60 HIGH STREET IRTHLINGBOROUGH WELLINGBOROUGH NN9 5TN
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Substantial retail investment property
- Ground floor unit in a vibrant residential area
- Generates annual rental income of £30,000
- Strong tenant covenant for reliable cash flow
- Total area of 2,489 square feet offering ample space
- Long-term leasehold agreement for security
- Located near schools and essential amenities
**Notable Concerns:**
- Above-average crime rates in the area
- Local demographics labeled as "hampered neighborhoods"
- Average mobile signal, despite fast broadband speeds
- Area classified as deprived
**Summary Description:**
Welcome to a valuable ground floor retail investment in the thriving neighborhood of Irthlingborough, Northamptonshire. With a spacious 2,489 square feet layout, this property is perfectly situated to attract consistent foot traffic from local residents. A notable annual rental income of £30,000 complements the stable cash flow guaranteed by a trustworthy tenant with a strong covenant. The property’s strategic location near essential amenities and schools enhances its appeal, making it an ideal opportunity for both seasoned investors and those looking to capitalize on the growing retail market.
While the area faces higher crime rates and is characterized as deprived, the prime location and solid rental yield present a compelling opportunity for future growth. Whether you’re seeking a stable investment or envisioning potential renovation projects, this property holds exciting possibilities in a developing urban center. Don’t miss your chance to secure this promising asset—properties of this caliber don’t stay on the market for long.
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